The American Financial Services Association, along with other trade groups, has expressed support for a Congressional Review Act (CRA) resolution aimed at overturning the Consumer Financial Protection Bureau’s (CFPB) medical debt rule.
United States Senator Elizabeth Warren, serving as the Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, has expressed concerns over the current state of inflation.
U.S. Senator Elizabeth Warren, along with Senator Raphael Warnock and Congressman Emanuel Cleaver, has reintroduced the American Housing and Economic Mobility Act.
The Coalition for Financial Ecosystem Standards (CFES) has unveiled the STARC framework, a set of 54 standards aimed at enhancing risk management and compliance in bank-fintech partnerships.
The Washington Post recently attracted attention when its owner revealed that the paper's opinion section would now concentrate on personal liberties and the free market.
The House Financial Services Committee, chaired by French Hill of Arkansas, recently conducted a hearing to discuss the potential establishment of a federal framework for payment stablecoins and the implications of a U.S. Central Bank Digital...
Leading financial organizations, representing a wide range of banks and credit unions, along with the payments and fintech sectors, have voiced their opposition to proposed legislation that would cap the annual percentage rate (APR) for credit...
Heather Hogsett, Senior Vice President and Deputy Head of BITS, the technology policy division of the Bank Policy Institute (BPI), is set to testify before the U.S. House Homeland Security Subcommittee on Cybersecurity and Infrastructure Protection.
The House Financial Services Committee, under the leadership of Chairman French Hill (AR-02), convened today to discuss a federal framework for payment stablecoins and examine the implications of a Central Bank Digital Currency (CBDC) in the...
In a recent development, U.S. Senators Elizabeth Warren, Mark Warner, and Andy Kim have raised concerns over the Department of the Treasury's decision to halt hiring and rescind job offers for national security officials within the Office of...
The asset finance industry is currently navigating a landscape filled with challenges such as fragmented customer experiences, disjointed credit approval processes, operational inefficiencies, missed growth opportunities, and regulatory complexities.
The American Fintech Council (AFC) has expressed its approval of the Utah Legislature's recent passage of the Earned Wage Access Services Act, a bipartisan initiative designed to enhance consumer protections while maintaining access to earned wage...